2021-03-31-accounts - National Justice Museum

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				Page
Reference and administrative		details ofthe Company,	its Trustees and advisers
Trustees' report				2-12
Independent	auditors' report	on the financial statements		13 - 16
Consolidated	statement offinancial activities			17
Consolidated	balance sheet			18
Company balance sheet				19
Consolidated	statement ofcash flows			20
Notes to the	financial statements			21 -42

		Reference	and administrative	and administrative	details ofthe Company,	details ofthe Company,
				for the	year ended 31 March 2021
Trustees			SCampbell
			M Blair
			P Bowden,	Chair
			M Mathews
			M Mellor (resigned		19May 2021)
			J Spencer
			His Honour	JTeare
			His Honour	RChapple
			C Hastie
			E Knight
			N Williams
			E Chapman	(appointed		18June 2020)
Company	registered
number			2866265
Charity registered
number			1030554
Registered		office	Shire Hall
			High Pavement
			Nottingham
			NG1 1HN
Chief executive officer			V Reeves
Independent		auditors	PKF Smith	Cooper Audit Limited
			Chartered Accountants			and Statutory Auditors
			2 Lace Market Square
			Nottingham
			NG1 1PB
Bankers			National Westminster			Bank pic
			16South Parade
			Nottingham
			NG1 2JX
Solicitors			Nelsons
			Pennine House
			8 Stanford	Street
			Nottingham
			NG1 7BQ

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2021	2021	2021	2020
		Note	6	6	6	6
Income from:
Donations and legacies			502,470		502,470	65,404
Charitable activities			613,308	271,037	884,345	1,359,603
Other trading activities			9,555		9,555	171,503
Investments			399		399	270
Other income			240		240	280
Total income			1,125,972	271,037	1,397,009	1,607,060
Expenditure on:
Raising funds - other trading	activities		15,327	2,010	17,337	130,061
Charitable activities			1,047,776	299,150	1,346,926	1,594,529
Total expenditure			1,063,103	301,160	1,364,263	1,724,590
Net movement in funds before other
recognised gains			62,869	(30,123)	32,746	(117,530)
Other recognised gains:
Gains on revaluation offixed	assets					1,654
Net movement in funds			62,869	(30,123)	32,746	(115,876)
Reconciliation offunds:
Total funds brought forward			442,365	933,251	1,375,616	1,491,492
Net movement in funds			62,869	(30,123)	32,746	(115,876)
Total funds carried forward			505,234	903,128	1,408,362	1,375,616

	for t	he year ende	d 31 March 2021
				2021	2020f
Cash flows from operating	activities
Net cash used in operating	activities			195,680	(4,835)
Cash flows from investing	activities
Purchase oftangible fixed assets				(75,561)	(47,245)
Interest received				399	270
Interest paid					(16)
Net cash used in investing	activities			(75,162)	(46,992)
Change in cash and cash	equivalents in	the year		120,518	(51,827)
Cash and cash equivalents	at the beginning	ofthe year		717,130	768,957
Cash and cash equivalents	at the end of	the year		837,648	717,130
The notes on pages 21 to42 form part ofthese financial			statements

				Unrestricted	Total	Total
				funds	funds	funds
				2021	2021	2020
						5
Donations				1,046	1,046	3,449
JRS income				414,357	414,357
Nottingham	Contemporary		Grant			2,500
Other government		grants		79,321	79,321
Similar incoming		resources		7,746	7,746	59,455
				502,470	502,470	65,404
Total 2020				65,404	65,404

					Unrestricted	Total	Total
					funds	funds	funds
					2021f	2021	2020
	Trading income
	Sales				9,555	9,555	171,503
					9,555	9,555	171,503
	Trading expenses
	Opening stock				(18,072)	(18,072)	(14,199)
	Closing stock				16,740	16,740	18,072
	Direct shop	and cafe costs			(1,637)	(1,637)	(24,522)
	Direct corporate costs				(985)	(985)	(41,983)
	Deferred tax		- origination	and reversal oftiming differences	1,547	1,547	(16)
	Administrative		expenses		(3,355)	(3,355)	(8,873)
	Wages and	salaries			(8,911)	(8,911)	(53,759)
	Employers	Nl			(587)	(587)	(3,623)
	Fundraising		trading expenses - Pensions		(151)	(151)	(938)
	Depreciation				(174)	(174)	(204)
					(15,585)	(15,585)	(130,045)
	Net income		from trading	activities	(6,030)	(6,030)	41,458
4.	Investment		income
					Unrestricted	Total	Total
					funds	funds	funds
					2021	2021	2020
							6
	Investment	income			399	399	270
	Total 2020				270	270

						Unrestricted	Restricted	Total	Total
						funds	funds	funds	funds
						2021	2021	2021	2020
						6	6	6	6
Admission fees						89,236		89,236	676,111
Rental income						79,235		79,235	f16,368
Schools and education			income			9,283	275	9,558	250,800
National Portfolio		Organisations			income	244,416		244,416	240,000
Heritage Lottery Fund			income				228,598	228,598	56,156
ACE CRF income						191,138		191,138
Esmee Fairbairn	income						18,928	18,928
Local Improvement		Scheme		income					4,986
Choices and Consequences				income			13,408	13,408	23,180
Art Fund income							9,828	9,828
						613,308	271,037	884,345	1,369,603
Total 2020						1,282,994	86,609	1,369,603

		Unrestricted	Total	Total
		funds	funds	funds
		2021	2021	2020
				6
Consultancy	and other income	240	240	280
Total 2020		280	280

		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
		2021f	2021f	2021f	2020f
Visitor attraction		636,738		636,738	950,442
Schools		249,108		249,108	266,220
Crime Reduction	Projects		2,749	2,749	23,180
Other Grant Funding		161,930	296,401	458,331	354,687
		1,047,776	299,150	1,346,926	1,594,529
Total 2020		1,434,939	159,590	1,594,529

					Total	Total
		Staff costs	Depreciation	Other costs	funds	funds
		2021 f	2021 f	2021 f	2021f	2020f
Visitor attraction		518,497	44,271	73,970	636,738	950,442
Schools		262,929		(13,821)	249,108	266,220
Crime Reduction	Projects		2,242	507	2,749	23,180
Other Grant Funding		156,995	86,704	214,632	458,331	354,687
		938,421	133,217	275,288	1,346,926	1,594,529
Total 2020		956,724	123,502	514,303	1,594,529

				General	Governance	Total	Total
				support	function	funds	funds
							2020f
Rates and water				7,818		7,818	16,598
Light and heat				23,120		23,120	47,471
Repairs and maintenance				24,870		24,870	79,050
Insurance				23,059		23,059	22,342
Other establishment		costs					3,846
Communication	and	information	technology	30,452		30,452	22,885
Auditors remuneration					11,780	11,780	8,650
Legal fees					7,891	7,891	5,672
Bank charges					5,847	5,847	17,176
Wages and salaries				208,751		208,751	300,869
National insurance				17,743		17,743	23,236
Pension cost				5,814		5,814	7,315
Depreciation				133,217		133,217	123,366
Total				474,844	25,518	500,362	678,476
Total 2020				646,978	31,498	678,476

				2021 f	2020 f
Depreciation		oftangible	fixed assets:
-owned	by	the charitable	group	133,517	123,366
Auditors'	remuneration			11,780	12,050

				Group	Group	Group	Company	Company
					2021	2020	2021	2020
					No.	No.	No.	No.
Employees					72		72	74
The number f60,000was:	of employees	whose	employee	benefits	(excluding	employer	pension costs)	exceeded
							Group	Group
							2021	2020
							No.	No.

		Notes to the financial statements
		for the year ended 31 March 2021
14.	Intangible assets
	Group and Company
			Website
			Development
	Cost
	Additions		30,960
	At 31 March 2021		30,960
	Net book value
	At 31 March 2021		30,960
	At 31March 2020

		Long-term
	Freehold	leasehold	Office	Fixtures and	Heritage
	property f	property f	equipment f	fittings f	assets f	Total f
Cost &Valuation
At 1 April 2020	1,684,671	1,210,892	359,757	77,733	290,882	3,623,935
Additions			44,602			44,602
Disposals				(750)	-	(750)
At 31 March 2021	1,684,671	1,210,892	404,359	76,983	290,882	3,667,787
Depreciation
At 1 April 2020	1,434,169	896,105	339,468	27,283		2,697,025
Charge for the year	54,230	44,724	17,112	17,451		133,517
On disposals				(300)		(300)
At 31 March 2021	1,488,399	940,829	356,580	44,434		2,830,242
Net book value
At 31 March 2021	196,272	270,063	47,779	32,549	290,882	837,545
At 31March 2020	250,502	314,787	20,289	50,450	290,882	926,910

	Exhibition	Leasehold	Office	Fixtures	Heritage
	assets	improvements 6	equipment f	and fittings 6	assets	Total 6
Cost or valuation
At 1 April 2020	1,684,671	1,210,892	328,036	77,733	290,882	3,592,214
Additions			44,602			44,602
Disposals				(750)		(750)
At 31 March 2021	1,684,671	1,210,892	372,638	76,983	290,882	3,636,066
Depreciation
At 1 April 2020	1,434,169	896,105	307,921	27,283		2,665,478
Charge for the year	54,230	44,724	16,938	17,451		133,343
On disposals				(300)		(300)
At 31 March 2021	1,488,399	940,829	324,859	44,434		2,798,521
Net book value
At 31 March 2021	196,272	270,063	47,779	32,549	290,882	837,545
At 31March 2020	250,502	314,787	20,115	50,450	290,882	926,736

Group	Group
2021f	2020f
16,740	18,072

		Group	Group	Company	Company
		2021f	2020	2021f	2020f
Due within one year
Trade debtors		19,288	48,316	18,166	47,185
Amounts owed by group undertakings				2,429	27,731
Other debtors		7,215	15,015	6,869	14,308
Prepayments	and accrued income	49,533	12,553	49,533	12,360
Deferred taxation		1,690	143
		77,726	76,037	76,997	101,584

		Group	Group	Company	Company
		2021	2020	2021	2020
Trade creditors		91,683	73,550	87,869	57,558
Other taxation and social security		12,533	22,906	12,533	22,906
Other creditors		6,041	5,371	6,013	5,371
Accruals and deferred	income	282,000	260,606	269,349	251,602
		392,257	362,533	375,764	347,537

Statement offunds - curr	ent year
					Balance at
		Balance at 1			31 March
		April 2020 8	Income 5	Expenditure f	2021 6
Unrestricted funds
General Funds - all funds		382,166	185,526	(230,958)	336,734
Designated fund - NPO		44,638	244,416	(220,116)	68,938
Noitingham Contemporary	Grant	2,500		(2,500)
Government grants			493,678	(414,357)	79,321
ACE CRF Grant			191,138	(178,476)	12,662
Reserves - subsidiary		13,061	11,214	(16,696)	7,579
		442,365	1,125,972	(1,063,103)	505,234
Restricted funds
Heritage Assets		290,882			290,882
HAC		47,668	275		47,943
I-ILF project		538,930	228,598	(272,583)	494,945
Biffa project		55,771		(6,900)	48,871
Choices and Consequences	project		13,408	(2,749)	10,659
Art Fund Grant			9,828		9,828
Esmee Funding			18,928	(18,928)
		933,251	271,037	(301,160)	903,128
Total offunds		1,375,616	1,397,009	(1,364,263)	1,408,362

Statemen	t	offunds - prior ye	ar
							Balance at
			Balance at			Gsinsl	31March
			1 April 2019 f	Income f	Expenditure	(Losses) f	2020 f
Unrestricted		funds
General	Funds - all funds		443,515	1,106,448	(1,167,797)		382,166
Designated		fund - NPO	20,507	240,000	(215,869)		44,638
Nottingham		Contemporary
Grant				2,500			2,500
Reserves	- subsidiary		13,609	171,503	(172,051)		13,061
			477,631	1,520,451	(1,555,717)		442,365
Restricted funds
Heritage	Assets		289,228			1,654	290,882
HAC			47,383	285			47,668
Hl F project			614,579	58,158	(133,807)		538,930
Biffa project			62,671		(6,900)		55,771
Choices	and	Consequences
project				23,180	(23,180)
Creative	Court - LIS			4,986	(4,986)
			1,013,861	86,609	(168,873)	1,654	933,251
Total of	funds		1,491,492	86,609	(1,724,590)	1,654	1,375,S1S

					Balance at
	Balance at			Gains'	31March
	1 April 2019f	Income	Expendituref	(Losses)f	2020f
General funds	477,631	1,520,451	(1,555,717)		442,365
Restricted funds	1,013,861	86,609	(168,873)	1,654	933,251
	1,491,492	1,607,060	(1,724,590)	1,654	1,375,616

Analysis	ofnet assets between funds - current year
		Unrestricted	Restricted	Total
		funds	funds	funds
		2021f	2021f	2021
Tangible	fixed assets	132,962	704,583	837,545
Intangible	fixed assets	30,960		30,960
Current assets		604,271	327,700	931,971
Creditors	due within one year	(263,102)	(129,155)	(392,257)
Deferred	tax asset	143		143
Total		505,234	903,128	1,408,362
Analysis	of net assets between funds - prior year
		Unrestri cted	Restricted	Total
		funds	funds	funds
		2020f	2020f	2020
Tangible	fixed assets	97,098	829,812	926,910
Current assets		631,561	179,535	811,096
Creditors	due within one year	(286,437)	(76,096)	(362,533)
Deferred	tax asset	143		143
Total		442,365	933,251	1,375,616

															Group	Group
															2021f	2020f
	Net income/expenditure				for		the	year	(as		per	Statement	of	Financial
	Activities)														32,746	(117,530)
	Adjustments	for:
	Depreciation	charges													133,517	123,366
	Decrease/(increase)		in stocks												1 332	(3,873)
	Decrease/(increase)		in debtors												(1,690)	899
	Increase/(decrease)		in	creditors											29,724	(11,288)
	Interest paid															16
	Interest received														(399)	(270)
	Loss on disposal of		tangible			fixed		assets							450	3,845
	Net cash provided		by/(used				in) operating			activities					195,680	(4,835)
26.	Analysis of	cash and		cash		equivalents
															Group	Group
															2021 6	2020f
	Cash in hand														837,648	717,130
	Total cash and cash			equivalents											837,648	717,130
27.	Analysis of	changes		in	net	debt
													At 1 April			At 31 March
														2020 f	Cash flows f.	2021 f
	Cash at bank	and in	hand											717,130	120,518	837,648
														717,130	120,518	837,648

			Group	Group	Company	Company
			2021f	2020 f	2021 f	2020f
Amounts		payable:
Within	1	year	100	4,772	100	4,772
Between		1 and 5years	117	183	117	183
			217	4,955	217	4,955